A round-up of the latest news, appointments, executive moves and acquisitions from the world of practice during December 2015.
OTS gets Knight in shining armour
15 Dec - George Osborne has appointed Angela Knight, former lobbyist for the banking and energy sectors, as chair of the Office of Tax Simplification (OTS).
The items likely at the top of Knight’s agenda, according to Laurence Fields of Crow Clark Whitehill, will be employment and remuneration, investment schemes and pensions.
“The OTS was set up by the Chancellor five years ago to provide advice on simplifying the tax system. The tax code currently runs over 300 pages, and this figure is often debated,” said Fields. “What is clear is the burden of dealing with HMRC, self-assessment returns; meeting reporting deadlines, as well as keeping good records means the administrative challenge for businesses is considerable.”
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Former Lord Mayor of London takes up new role in China
15 Dec - Former Lord Mayor of London Sir Anthony Jolliffe has been appointed to an advisory role at BHR, the largest institutional investor in China.
Joliffe is stepping down with immediate effect as Senior Partner and Chairman of Cork Gully, a leading City accountancy firm.
Making the announcement Sir Anthony said “I have had a great time at Cork Gully but it’s time for me to move on. I am going to concentrate on my many interests in China including an advisory role at BHR, the largest institutional investor in China with $12bn under management.”
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GT appoints Richard Shaw as head of education
15 Dec - Grant Thornton has appointed Richard Shaw to replace David Barnes as head of education.
Shaw has worked in the education sectors for more than 20 years and was initially joined GT in 2014.
“We wish David all the very best; he leaves behind a fantastic legacy, including excellent sector thought leadership which we will continue to develop under Richard’s leadership,” said Carol Rudge, global head of not for profit. “Richard’s focus on winning higher and further education audit, assurance and advisory engagements for the firm has proved very successful and I am confident that he will enjoy leading the education team which has evolved so well under David’s care.”
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EY hires business development director
7 Dec - EY has appointed business development director Michael Cooke in Yorkshire to support the firm’s continued growth in the financial services sector across the North of England.
Cooke joins EY from PwC in London and brings 18 years’ business development and account management experience to the firm.
Cooke said: “EY has a strong reputation for supporting financial services organisations across the UK and the world, and the firm’s presence in the North has been growing over recent years with a number of landmark client wins.”
Haslers merge with RL Jackson & Co
7 Dec - Essex-based Chartered Accountants Haslers have merged R L Jackson & Co.
The two firms have combined under the Haslers name and will be based out of the firm’s offices in Loughton. The merger will see the transfer of seven staff members to Haslers, including the partner of R L Jackson & Co., Robert Jackson, who will act as a consultant at the newly combined enterprise.
Laurence Jacobs, Chairman of Haslers, said: “This merger is a step in the growth of our firm and represents our commitment to provide exceptional services to a wide range of clients.
Grant Thornton appoints new Head of Education
7 Dec - Grant Thornton has appointed Richard Shaw to replace David Barnes as their new Head of Education.
Barnes became the firm’s head of education in 1999 and will retire at the end of the year. Shaw has been operating in the further education sector for more than 20 years.
Carol Rudge, Global Head of Not for Profit commented; “We wish David all the very best; he leaves behind a fantastic legacy, including excellent sector thought leadership which we will continue to develop under Richard’s leadership.
Baldwins merges with Berkeley Hamilton
4 Dec- Baldwins accountants has joined with Berkeley Hamilton to open its first premises in the Gloucester.
This marks the sixth new office Baldwins his opened in the last 12 months. All 25 staff and the existing partners will be remaining with the company which acts for more than 700 clients. The firm will operate as Baldwin Berkerly Hamilton.
David Baldwin, a partner at Baldwins Accountants, said: "Berkeley Hamilton is a well-established, large accountancy and business advice practice in Gloucester and we want to build on its experience, reputation and the excellent service it already provides to its clients.
James Cowper Kreston expands
4 Dec – Accountancy firm James Cowper Kreston is expanding its Reading and Southampton operations in early 2016.
In Reading, the firm's 60 staff will move to Reading Bridge House, and in Southampton its 20-strong team is to move to The White Building, 4 Cumberland Place.
Managing partner Robert Holland said: "James Cowper Kreston is the go to firm for entrepreneurial businesses and private individuals with complex tax affairs. Our teams in Reading and Southampton are growing following increasing demand for our services and these larger offices will enable our teams to continue to develop."
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